602 602.5 Marguerite Unit 1-2, Corona Del Mar, CA 92625
- $4,995,000
- List Price
- $4,995,000
- Status
- COMING SOON
- MLS#
- NP26180031
- Year Built
- 1969
- Lot Size
- 3,772
- Acres
- 0.09
- Lot Location
- 2-5 Units/Acre, Front Yard, Sprinklers In Front, Level, Near Park, Near Public Transit, Rectangular Lot, Sprinkler System, Street Level, Walkstreet, Yard
- Days on Market
- 6
- Property Type
- Multifamily
- Style
- Bungalow, Cottage, Craftsman, Custom, Patio Home
- Property Sub Type
- Duplex
- Stories
- Two Levels
- Neighborhood
- Corona Del Mar North Of Pch (Cnhw)
Property Description
CHECK OUT THIS DUPLEX AT THIS GREAT PRICE!!! Located in the heart of Corona Del Mar Village, just north of Pacific Coast Highway, this fabulous duplex is a great opportunity to own income property in CDM. Both front & back units are approx 1516 sq. ft. each, with 3 bedrooms and 2.5 baths, open floor plans, newer luxury vinyl flooring throughout, stone counters in the kitchens, gas cooktops w/ovens below, stainless steel dishwashers & refrigerators, 2 sets of laundry facilities in the garage, that has new epoxy flooring. There are spacious walk-in closets in the primary suites, lots of storage cabinets for linens, and mirrored closet doors in the all secondary bedrooms. The front home is fully furnished for short term rentals at premium prices. The back home is on a long-term lease that continues through May 2027 at $6400.00 per month. The exterior of the property just underwent a major facelift with a whole new expanded front patio with sliding glass doors, leading out from the front home. There's a new firepit, BBQ, seating area for additional outdoor entertaining space, new drought tolerant landscaping and front yard fencing that adds charm to the property. Each home has its own mailbox and separate entries. The back home has newer sliding glass doors leading out to a newly extended private patio for their space too. This duplex is just minutes from Corona del Mar's world famous beaches, a local park, the areas top restaurants, boutiques, shopping at Fashion Island, Laguna Beach & John Wayne Airport. Schools are top notch in the Newport Mesa school district and one is just a few blocks away. The Oasis Senior Center is just moments from the property, offering a gym, various classes and all kinds of other social events for the senior community at 55yrs & older.
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Additional Information
- Association Amenities
- Maintenance Front Yard, Outdoor Cooking Area, Storage
- Other Buildings
- Storage, Two On A Lot
- Appliances
- Dishwasher, Exhaust Fan, Electric Oven, Freezer, Disposal, Gas Range, Gas Water Heater, Ice Maker, Microwave, Refrigerator, Range Hood, Water Heater, Dryer, Washer
- Pool Description
- None
- Fireplace Description
- Free Standing, Gas, Gas Starter, Outside
- Heat
- Forced Air
- Cooling Description
- None
- View
- City Lights, Neighborhood
- Exterior Construction
- Stucco
- Roof
- Composition, Tile
- Garage Spaces Total
- 2
- Sewer
- Sewer Tap Paid
- Water
- Public
- Interior Features
- Built-in Features, Balcony, Ceiling Fan(s), Furnished, Granite Counters, In-Law Floorplan, Living Room Deck Attached, Multiple Staircases, Open Floorplan, Partially Furnished, Stone Counters, Recessed Lighting, Storage, Unfurnished, All Bedrooms Up, Dressing Area, Primary Suite, Walk-In Closet(s)
- Attached Structure
- Attached
- Number Of Units Total
- 2
- Gross Scheduled Income
- $196,800
- Operating Expense
- 12031
Listing courtesy of Listing Agent: Denine Kerns (Denine.Kerns@elliman.com) from Listing Office: Douglas Elliman Of California.
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Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.